KPI Green wins 445 MW/890 MWh BESS from GUVNL; SECI Odisha storage tender opens
Gujarat's VGF-backed storage round goes to KPI Group as SECI launches a 125 MW/500 MWh standalone BESS solicitation in Odisha.
Two large storage wins/launches bracketed the turn of the year: KPI Green Energy received a Letter of Intent from GUVNL for 445 MW/890 MWh of BESS in Gujarat, while SECI opened bids for a 125 MW/500 MWh standalone BESS in Odisha.
KPI + GUVNL (Gujarat)
- Capacity: 445 MW/890 MWh across multiple locations
- Process: GUVNL’s 7th phase of storage solicitations under the Union Government’s VGF scheme (administered via PSDF)
- Significance: KPI Group’s largest IPP storage win to date
SECI Odisha tender
- RfS: SECI/C&P/IPP/15/0015/25-26 (published Dec 18, 2025)
- Capacity: 125 MW/500 MWh standalone BESS with VGF support through PSDF
- Deadline: bids close Feb 5, 2026 (online)
Viability Gap Funding through PSDF is doing its job — bridging the tariff gap between storage and conventional generation. Each VGF-supported round is a benchmark for what storage costs without subsidy.
Watch list
Gujarat, AP, Odisha, Rajasthan — state-level storage procurement is now the main channel for grid battery deployment, and the winners list is broadening beyond the usual IPP names.
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